Y-mAbs Reports Fourth Quarter 2024 Financial Results and Recent Corporate Developments
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Y-mAbs Therapeutics reported Q4 2024 revenues of $26.5M and full-year 2024 revenues of $87.7M. The company established two business units in January 2025 to enhance its Radiopharmaceuticals Platform and DANYELZA's commercial potential. Cash reserves stood at $67.2M as of December 31, 2024.
March 04, 2025 | 12:00 pm
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Y-mAbs Therapeutics reported strong Q4 and full-year 2024 revenues, and established new business units to enhance its Radiopharmaceuticals Platform and DANYELZA's commercial potential. Cash reserves are healthy at $67.2M.
The reported revenues and establishment of new business units indicate a positive outlook for Y-mAbs. The company's focus on enhancing its Radiopharmaceuticals Platform and DANYELZA's potential suggests strategic growth initiatives. The healthy cash reserves further support operational stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100